HMO
HMOs or more commonly referred to as Houses in Multiple Occupation, or house shares, are generally properties that have been broken down into rooms or self-contained studios, forming more than one household in a shared house where rent is charged per room.
HMOs can be made simple
HMOs can be made simple
By charging rent by the room, landlords are able to maximise the possible rent obtainable from the property.
The basic concept of HMOs is simple, but to make it work effectively, you need the right knowledge and experience to ensure you maximise your rental yields. We have extensive experience in helping landlords with HMO’s to maximise their rental income. So if you are considering turning your property into a multiple occupancy property or just need guidance on HMO property licencing in and around Brent, we are able to help you let and manage your HMO.
Regal Estates are your local HMO expert.
Regal Estates are your local HMO expert.
Regal Estates are your local HMO expert. We are able to provide advice and consult you on HMOs in Brent, Willesden, Mapesbury, Cricklewood, Kensal Rise and the surrounding North West London areas.
Our HMO specialists can:
- Offer reliable advice and a feasibility study on whether your property would be suitable as a HMO.
- Go through the local council guidelines and legislation as to what is required to turn your property into a HMO.
- Aid you in physically converting your house into a HMO via our partner property maintenance company.
- Guide you on room rent rates in the area based on current demand for room lets.
- Let your HMO property by the room, room rentals and studio rentals in Brent and other London locations.
- Fully manage your HMO property within the local council guidelines and HMO legislation.
Within Brent there are different licencing guidelines that are in force in relation to HMOs, these include:
- Mandatory Licencing
- Selective Licencing
- Additional Licencing
We have a consultancy service to guide Investors of Houses in Multiple Occupation properties and other licences within Brent and other London Boroughs; we can assist you with both your application and management of your HMO.
If you have rooms to rent or you’re considering turning your house into a HMO in Brent, Willesden Green, Willesden, Neasden, Kilburn, Kensal Rise or the surrounding North West London areas call us on 020 8459 2530 for more information.
HMO Landlords Guide
When you invest in a property with the intention of renting it out, you have a decision to make over the type of tenants you want to occupy it. Have a look at our guide to learn more.
HMO Case Studies
If you’re interested in letting your property in Willesden, Brent or around North West London, or would like to know more about the letting options available to you, contact Regal Estates, where one of our experienced letting agents will be happy to answer any queries you may have.
Managing an HMO
Managing an HMO property requires a lot of maintenance. Before converting rooms and renting out the space as an HMO, it’s important to take the time to understand what goes into managing a property like this.
Book a professional valuation
If you would like to find out the sales or rental value of your property, book a Free, No-Obligation appointment with our valuations team today, who will be able to provide an accurate market appraisal based on local knowledge and market expertise.